Stormtech Co., Ltd. signed an agreement with Ansan City on April 20, 2026 to construct a second factory on a 6,158 m² site in Wonsi-dong, Danwon-gu, Ansan City, with a total floor area of 12,444 m², and to relocate its headquarters and R&D functions there. The factory will include automated facilities for valve production.
Acorn Capital Management has agreed to acquire a majority interest in MTI Aviation, a provider of repair, overhaul and parts distribution services for aerospace components. The transaction is expected to close in the coming weeks.
Waelzholz is building a cold-rolling mill in the Chuy Maria Amistad Industrial Park near Saltillo, Mexico. The facility will produce up to 50,000 metric tons of cold-rolled steel strip per year, starting in mid-2028.
AMI Automation has been awarded a project to upgrade the control system of an 8,000 A CPE for the crane rectifier system on the 80-inch cold mill at a major steel producer's Midwest facility in Indiana.
GC FSK opened a complex of plants in Zelenograd, Russia, producing autoclaved aerated concrete, architectural glass units, translucent structures and modular facades. The 19 billion ruble investment created over 800 jobs.
Indra Group USA celebrated the grand opening of a new 118,000-square-foot manufacturing hub in Olathe, Kansas. The $50 million facility will produce FAA radar systems and create over 200 jobs.
Babcock Power Services Inc., Riley Power Inc., and IHI Corporation have signed a strategic collaboration agreement to perform low-carbon fuel conversion and co-firing retrofits for power plant boilers worldwide, focusing on ammonia.
Piovan Group expanded its food & powders division with the opening of a new 14,000m² production facility in Modena, Italy, significantly increasing capacity for ingredient-handling and processing technologies. The facility houses around 100 employees and includes a dedicated testing room.
LG Innotek announced it will supply its Automotive Wi-Fi 7 Communication Module to a leading European automotive parts company. The order is worth approximately USD 68 million, with mass production beginning in 2027.
Dumarey Group plans to acquire AUMOVIO's manufacturing site in Mechelen, Belgium, which produces solenoid valves, hydraulic and electronic control units, and wheel speed sensors. The transaction is subject to information and consultation procedures and regulatory approvals.
USA Rare Earth, Inc. announced a definitive agreement to acquire 100% of Serra Verde Group, owner of the Pela Ema rare earth mine and processing plant in Goiás, Brazil. The transaction is valued at approximately $2.8 billion, consisting of $300 million in cash and 126.849 million shares of USAR common stock.
Trelleborg Sealing Solutions announced a greenfield investment in a new state-of-the-art manufacturing facility in Bengaluru, Karnataka, increasing production capacity by 30%. The facility spans 50,000 square meters and is scheduled for completion in 2027.
LG Innotek announced a contract to supply its automotive Wi-Fi 7 communication module to a leading European automotive parts company. The order is worth approximately USD 68 million, with mass production set to begin in 2027.
Neptune Robotics announced a US$12 million investment in a new manufacturing and R&D facility in Singapore. The facility will increase autonomous cleaning capacity by 400% by end of 2026, aiming for 60 daily hulls by 2027.
LG Innotek will supply an in-vehicle WiFi 7 communications module to a major European automotive parts company. The order is worth about 100 billion won, with mass production starting in 2027.
Mercury NZ selected ANDRITZ to supply 9 turbines and 13 generators for the Maraetai I, Ātiamuri, and Ōhakuri hydro stations. The order is valued in the lower three-digit million-euro range and will increase combined capacity by 76 MW.
Heidelberg Materials has agreed to acquire an additional 39.72% stake in Akçansa from Sabanci Holding, increasing its ownership from 39.72% to 79.44%. Akçansa operates three cement plants, 26 ready-mixed concrete plants, five aggregate quarries, and five cement terminals in Turkey.
Yongjie New Materials plans to acquire 100% of Arconic (Qinhuangdao) Aluminum Co., Ltd. and 95% of Arconic (Kunshan) Aluminum Co., Ltd. from Arconic (China) Investment Co., Ltd. for approximately $175 million, plus $61.2 million in Ford profit share. The targets produce aluminum can body stock, lithium battery materials, automotive body sheet, and thermal management materials.
Vontron Technology Co., Ltd. is investing 81.38 million yuan to add a membrane support material production line and four hot-rolling lines at its existing facility in Guiyang, Guizhou, China. The project includes a water reuse treatment system and auxiliary facilities.
Onto Innovation announced a strategic collaboration with X-ray technology leader Rigaku Holdings Corporation to develop next-generation process control solutions for semiconductor manufacturing. The partnership integrates Onto Innovation's Ai Diffract analysis software with Rigaku's CD-SAXS platforms, with systems already delivered for advanced V-NAND and DRAM metrology.
Fusui Xinning Conch Cement Co., Ltd. announced the winning bidder for the EPC general contracting project of its new building materials (phase II) project. The project value is 185,600,000 CNY.
TEX Plastics announced a significant new contract win at its Barnstaple facility with a leading manufacturer of fire and smoke protection equipment. The contract was secured under the company's One Company, One Standard initiative.
GF signed a contract worth about CHF 100 million with Brazilian utility Sabesp to supply products and solutions for modernising water distribution networks in the state of São Paulo. It is GF's largest order to date.
China's West China Cement (WCC) announced the acquisition of the total equity interest of AfriSam, a leading black-controlled construction materials group in Southern Africa with operations in South Africa, Lesotho and Eswatini and a cement production capacity of 4.5 Mta.
Vulcan Energy entered into a €40 million major project framework agreement with Siemens AG, appointing Siemens as the main automation contractor for the Lionheart lithium and renewable energy project in Germany's Upper Rhine Valley. Siemens will provide engineering, automation, telecommunications, and building technology systems for the upstream lithium extraction plant in Landau and the downstream central lithium plant at Industrial Park Höchst.
BIMEX announced the official launch of a new state-of-the-art manufacturing facility in Saudi Arabia. The factory will produce valves, fittings, and advanced water and wastewater solutions to serve the regional water and infrastructure sectors.
German machine tool company KNUTH Machine Tools announced the opening of a new facility in Querétaro, Mexico, to strengthen its presence in the Mexican market and provide advanced machine tool solutions to local manufacturers.
QXO, Inc. has entered into a definitive agreement to acquire TopBuild Corp. for approximately $17 billion. The combination will create the second largest publicly traded building products distributor in North America with over $18 billion in combined revenue.
Cook Compression held the grand opening of its new 26,000 sq. ft. facility in Ellesmere Port, UK, on April 19, which also houses new laser cutting machinery for compressor valve internals.
Alcoa restarted potlines at its Intalco smelter in Ferndale, Washington, adding 280,000 tons of annual primary aluminum capacity after a four-year idling.
Danish water solutions company Grundfos has signed an agreement to acquire Pittsburgh-based water and wastewater treatment company Newterra from private equity firm Frontenac. The acquisition strengthens Grundfos' water treatment portfolio and expands its North American presence.
Newway Valve (纽威股份) announced plans to invest about CNY 1.2 billion in a high-performance fluid control valve project in Suzhou, expected to be completed around March 2027 with capacity of 300,000 valves a year and output value of about CNY 2.5 billion. The project responds to rising orders for power and water valves.
ArmorThane, a polyurea coating manufacturer, secured blast mitigation contracts across eight countries, with a focus on Gulf region infrastructure. The contracts were announced on April 17, 2026.
Turkish manufacturer ENPAY will invest EUR 60 million in its plant in Shumen, Bulgaria, adding 100 jobs and new production of insulation materials for transformers. The project includes a new line for transformerboard with 10,000 tonnes annual capacity and increased output of existing transformer components.
Zoomlion Heavy Industry Science & Technology Co., Ltd. has begun operations at Phase I of its smart mobile elevating work platform (MEWP) factory in Tatabánya, Hungary. The factory manufactures boom lifts and scissor lifts for European customers.
Japan's Ministry of Economy, Trade and Industry will provide up to ¥60 billion in subsidies to Sony Semiconductor Manufacturing for a new image sensor plant in Koshi, Kumamoto Prefecture. The total investment is ¥180 billion, with monthly production capacity of 10,000 wafers (300mm equivalent) and supply starting May 2029.
PremiStar announced that Armistead Mechanical has joined the PremiStar family of companies, expanding PremiStar's commercial HVAC footprint into New Jersey and New York.
Pilatus Aircraft Ltd has broken ground on a new state-of-the-art facility at Rocky Mountain Metropolitan Airport in Broomfield, Colorado. The $50 million facility will house a customer delivery center and expand engineering and seat processing capabilities, creating over 50 new jobs.
engcon AB has agreed to acquire all outstanding shares in engcon Component AB, which it previously owned 51% of, for approximately SEK 27 million. The acquisition will make engcon Component AB a wholly owned subsidiary.
Badger Meter, Inc. has signed a definitive agreement to acquire UDlive Limited, a UK-based provider of sewer line monitoring solutions, for $100 million plus contingent consideration. The transaction is expected to close at the end of April 2026.
Toray Composite Materials America entered into a five-year carbon fiber supply agreement with Syensqo, effective January 2026, to enhance supply stability for aircraft, space and defense applications.
Hjo Installation acquired Elektroteam Elteknik i Jönköping AB, a certified electrical installation firm specializing in technical security, electrical power and automation. The acquisition adds 23 employees and approximately SEK 63 million in turnover.
Tibnor, a subsidiary of SSAB, received competition authority approval to acquire Ovako Metals Oy, the Finnish distribution entity of Ovako. The acquisition strengthens Tibnor's position in the Finnish steel and metal distribution market.
The Bulgarian government approved a memorandum with ENPAY Transformer Components Bulgaria for a €60 million investment to build a new transformer board production facility and expand existing transformer component production in Shumen, creating 100 new jobs and adding 10,000 tons of transformer board capacity.
Toray Composite Materials America entered into a five-year carbon fiber supply agreement with Syensqo to support aerospace, space and defence applications, effective from January 2026.
Wyn Polymers commissioned a state-of-the-art reactor for water-based polymers at its facility in Mexico, increasing production capacity by approximately 30%.
The Timken Company has acquired the assets and related businesses of Bijur Delimon International, a global designer and manufacturer of automated lubrication systems, from Industrial Manufacturing Company International LLC.
Japan's Ministry of Economy, Trade and Industry will provide up to ¥60 billion in subsidies to Sony Group for a new image sensor plant under construction in Kōshi, Kumamoto Prefecture, with a total investment of ¥180 billion.
ArmorThane USA Inc., a manufacturer of polyurea and polyurethane protective coatings, has secured more than a dozen blast mitigation contracts spanning eight countries, including Gulf region government ministries and private developers.
UK-based MMD Group has signed an agreement to acquire the intellectual property rights for TraxIQ, a comprehensive material handling solution initially developed by Anglo American.